IBM CEO says there is 'no way' spending trillions on AI data centers will pay off at today's infrastructure costs

• IBM’s CEO walked through some napkin math on data centers— and said that there’s “no way” to turn a profit at current costs.
• “$8 trillion of CapEx means you need roughly $800 billion of profit just to pay for the interest,” Arvind Krishna told “Decoder.”
• Krishna was skeptical of that current tech would reach AGI, putting the likelihood between 0-1%.